2.
Sue: Nol.
15/800/52714/1422
Scheme for Silver Lean of $20.000.000 for support
of Canton Provincial Note Currency.
A Chinese Government Internal Silver Loan for $20.000.000 H.K Currency to be issued by the 5 group 'Banks in Canton Province & Hongkong: rate of interest discount &term of years to be
subject to negotiation.
"
Security- Likin, Rice tax, House tax,& other suitable Revenues for the administration of which the Ganton Government will engage the services of a foreign Associate Financial Commissioner, approved by the lenders, who will cooperate with the Chinese Financial Commissioner, in the reorganisation & supervision of the collection of thezo revenues with the assistance of the necessary Chinese &
Foreign Staff.
3.
Chinese & Foreign subscribers to the loan to have the option of paying 70% of their subscriptions in Canton
Provincial Notes at the price of
Qurrency.
per $100 Hongkong
4.
of the proceeds of the Loan, the sum of $6,900990 H.K. Currency, loss issue charges, to be made available to the Canton Government for Expenditure for administration purposes under joint Chinese & Foreign supervision to be
arranged.
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